Enrollment

We’re here to help! Enrolling in the plan is simple, but investing for your life goals requires you to be informed. To help guide you through the enrollment process, please contact a representative.

Before Enrolling in the plan, you should:

Understand the plan features

Review the Investment Options offered

Understand the Investment Option Performance

IMPORTANT INFORMATION -- Variable investment options offered under a group funding agreement are considered long-term investments designed for retirement purposes. Money distributed will be taxed as non-earned income in the year the money is distributed. Account values fluctuate with market conditions and, when redeemed, the principal may be worth more or less than the amount originally invested.

Eligibility

All state employees who receive a regular monthly or biweekly paycheck from the Bureau of State Payroll may become a participant and defer payment of part of his or her compensation. If you are not paid on one of these payrolls or require assistance in determining Plan eligibility, please contact the Deferred Compensation Office for additional eligibility qualifications.

Insurance products, annuities and funding agreements are issued by Voya Retirement Insurance and Annuity Company ("VRIAC"), Windsor, CT. VRIAC is solely responsible for its own financial condition and contractual obligations. Plan administrative services provided by VRIAC or Voya Institutional Plan Services LLC ("VIPS"). VIPS does not engage in the sale or solicitation of securities. All companies are members of the Voya™ family of companies. Securities distributed by Voya Financial Partners LLC (member SIPC) or third parties with which it has a selling agreement. All products and services may not be available in all states.